Global Market for Flame Retardant Chemicals Market 2015 is Expected to Reach $14.32 Billion by 2022 at a CAGR of 11.25%

Deerfield Beach, FL -- (SBWIRE) -- 08/18/2015 -- The Global Market for Flame Retardant Chemicals Market is valued at $6.1 billion in 2014 and is expected to reach $14.32 billion by 2022 at a Compound Annual Growth Rate (CAGR) of 11.25%. The factors that drive the market include high demand from current & emerging applications, emerging economies and advancement in technology. Whereas increasing costs and strong government regulations are major restraints of the market. Construction and automotive industry and other major end-user industries of flame retardant chemicals are on a boom globally.

Flame Retardant Chemicals market is segmented by type, by product, by application, by end-user and by geography. Depending on the various types, market is segmented into Aluminum Hydroxide, Brominated Flame, Chlorinated and Organo Phosphorous. Based on the Products, it is segregated as Wood/Paper, Textiles, Plastics, Coatings/Paints and Decorations/Others. Based on the Applications, it is classified into Polystyrene, Polyolefins and Polyvinyl Chloride. Based on End-users, it is categorized as Acrylonitrile Butadiene Styrene, Polyethylene, Polycarbonates and Polypropylene. By geography, the market is segmented into North America, Europe, Asia-Pacific and Rest of the World. Asia-Pacific accounts the largest share in the market, followed by North-America.